Mo Habib Memorial Foundation is located in Kirkland, WA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. MO Habib Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, MO Habib Memorial Foundation generated $23.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.1% each year . All expenses for the organization totaled $19.7k during the year ending 12/2023. While expenses have increased by 30.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO QUALIFIED 501 (C)3 ORGANIZATIONS
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,600 | 
| Interest on Savings | $2 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $23,602 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $0 | 
| Total operating and administrative expenses | $607 | 
| Contributions, gifts, grants paid | $19,048 | 
| Total expenses and disbursements | $19,655 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,163 | 
| Savings and temporary cash investments | $0 | 
| Net Accounts receivable | $0 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $0 | 
| Net other notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $6,163 | 
| Accounts payable and accrued expenses | $0 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $0 | 
Over the last fiscal year, Mo Habib Memorial Foundation has awarded $19,048 in support to 2 organizations.
| Grant Recipient | Amount | 
|---|---|
| PACIFIC PUBLIC MEDIA (KNKX 885) PURPOSE: DELIVER EXCELLENCE IN JAZZ, BLUES AND NEWS WITH DEEP STORYTELLING THAT INSPIRES, INFORMS AND CONNECTS OUR COMMUNITY. | $7,590 | 
| UNIVERSITY OF WASHINGTON - MO HABIB TRANSLATION PRIZE IN PERSIAN LITERATURE PURPOSE: TO ENABLE THE PUBLICATION AND DISSEMINATION OF PERSIAN LITERARY WORKS THAT STAND ON THEIR OWN IN ENGAGING ENGLISH TRANSLATION. | $11,458 |